Assets of community value

This new right means communities can ask the council to list certain assets as being of value to the community.

If an asset is listed and then comes up for sale, the new right will give communities that want it six months to put together a bid to buy it. This gives communities an increased chance to save local facilities of community value.

The legislation does not give a right to buy the property in question - but it does give potential bidders the time to put a proposal together.